Funding arb · Price arb / Crypto
TRUMP
All TRUMP markets →
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 2.0498 | +0.0096 | pay 0.0012% / 1h | 56m 06s | $510K | $171K | 10x | Long Lighter7d free | |
| SHORT | 2.0496 | +0.0096 | get 0.0012% / 1h | 56m 06s | $67K | $180K | 20x | Short Popdex |
Price gap−0.010%
Funding gap0.0000% /8h
Funding is ≈ 0 and the gap is at its 7d average: nothing to capture right now.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$130.0000% /8h now · paid +0.135% over the last 7D
Price+$1spread −0.010% now, avg −0.019% → +0.009% if it goes back
Costs−$430.434% of $10k · taker + slippage, in and out
Result−$29−0.29%+ Points / potential airdropLighter: Season 3 · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.010%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hTRUMP on 33 exchanges
lowest funding firstBefore you open
3 ok · 2 to watch- Watch: Large against open interest8.2 / 14.7 bp$10k is over 10% of Popdex’s open interest.
- Note: Margin at max leverage$1,000 + $500Lighter 10x, Popdex 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: $0.00Long Lighter: 24 payments, −$2.88; short Popdex: 24 payments, +$2.88.
- Note: Gap at its usual level−0.010% vs −0.019%The price leg adds little either way.
- Watch: Short leg is thinner$67K vs $510K OIPopdex sets your exit cost. Check its book before closing.
- OK: Points on a legLighter Season 3Volume here counts toward the points program.
- OK: No KYC on either legLighter No · Popdex NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0067%/8h × 21 periods+$14.04
Price spread−0.010% → −0.019% (7d avg)+$0.88
Slippage, 4 orderslive order books−$37.03
Fee Lighter bp × 2 orders$0.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$28.51
Costs to cover0.434%Break-even21.2 days
Slippage: Lighter: live order book, 16 min ago; Popdex: live order book, 23 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGLighter1.468.2 bp−$840.6 bp−$406doesn’t fitdoesn’t fit
SELL · SHORTPopdex3.1514.7 bp−$15129.2 bp−$1,292doesn’t fitdoesn’t fit
Closing costs about the same again.
Reya
Phemex